Sinyi Realty Balance Sheet Health
Financial Health criteria checks 6/6
Sinyi Realty has a total shareholder equity of NT$13.8B and total debt of NT$10.8B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are NT$34.6B and NT$20.9B respectively. Sinyi Realty's EBIT is NT$2.0B making its interest coverage ratio -16.2. It has cash and short-term investments of NT$5.8B.
Key information
78.5%
Debt to equity ratio
NT$10.81b
Debt
| Interest coverage ratio | -16.2x |
| Cash | NT$5.75b |
| Equity | NT$13.78b |
| Total liabilities | NT$20.86b |
| Total assets | NT$34.64b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9940's short term assets (NT$22.1B) exceed its short term liabilities (NT$8.4B).
Long Term Liabilities: 9940's short term assets (NT$22.1B) exceed its long term liabilities (NT$12.5B).
Debt to Equity History and Analysis
Debt Level: 9940's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 9940's debt to equity ratio has reduced from 114.7% to 78.5% over the past 5 years.
Debt Coverage: 9940's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 9940 earns more interest than it pays, so coverage of interest payments is not a concern.